Big Bank Ratings | UBS: Raised Google's target price to $192 and raised its 2025 and 26 earnings per share forecast

港股那点事11-01

Gelonghui, November 1 | UBS issued a report stating that part of the benefits Alphabet shareholders have gained from new capital expenditures are reflected in the significant growth of search business revenue. It is estimated that Alphabet will increase its search business revenue by approximately US $24 billion this year. Compared with US $13 billion in 2023 and US $15 billion in 2022, it is mainly driven by innovative measures such as Performance Max. In addition, Alphabet's cloud business revenue growth in the third quarter also increased significantly. The bank expects cloud business revenue to increase by approximately US $10 billion for the whole year, compared with approximately US $7 billion in 2022 and 2023. The current cloud business The growth rate has surpassed the growth rate of YouTube. The bank believes that the above factors will help Alphabet solve problems related to capital expenditure and return on investment, but the company's regulatory issues and concerns about the prospect of market share loss in the most important business unit may inhibit the company's growth. The bank raised Alphabet's 2025 and 2026 earnings per share forecasts by about 3%, raised its target price from US $187 to US $192, and maintained a "neutral" rating.

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Compared with US $13 billion in 2023 and US $15 billion in 2022, it is mainly driven by innovative measures such as Performance Max. In addition, Alphabet's cloud business revenue growth in the third quarter also increased significantly. The bank expects cloud business revenue to increase by approximately US $10 billion for the whole year, compared with approximately US $7 billion in 2022 and 2023. The current cloud business The growth rate has surpassed the growth rate of YouTube. The bank believes that the above factors will help Alphabet solve problems related to capital expenditure and return on investment, but the company's regulatory issues and concerns about the prospect of market share loss in the most important business unit may inhibit the company's growth. The bank raised Alphabet's 2025 and 2026 earnings per share forecasts by about 3%, raised its target price from US $187 to US $192, and maintained a \"neutral\" rating.</p><p><div></div><div><div><img src=\"\"/></div><div>Massive information and accurate interpretation, all in Sina Finance APP</div></div></div></body></html></p>","source":"sina","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big Bank Ratings | UBS: Raised Google's target price to $192 and raised its 2025 and 26 earnings per share forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig Bank Ratings | UBS: Raised Google's target price to $192 and raised its 2025 and 26 earnings per share forecast\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">港股那点事</strong><span class=\"h-time small\">2024-11-01 16:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><body><div><p cms-style=\"font-L\"><font cms-hidden=\"true\" cms-style=\"font-L\"></font>Gelonghui, November 1 | UBS issued a report stating that part of the benefits Alphabet shareholders have gained from new capital expenditures are reflected in the significant growth of search business revenue. It is estimated that Alphabet will increase its search business revenue by approximately US $24 billion this year. Compared with US $13 billion in 2023 and US $15 billion in 2022, it is mainly driven by innovative measures such as Performance Max. In addition, Alphabet's cloud business revenue growth in the third quarter also increased significantly. The bank expects cloud business revenue to increase by approximately US $10 billion for the whole year, compared with approximately US $7 billion in 2022 and 2023. The current cloud business The growth rate has surpassed the growth rate of YouTube. The bank believes that the above factors will help Alphabet solve problems related to capital expenditure and return on investment, but the company's regulatory issues and concerns about the prospect of market share loss in the most important business unit may inhibit the company's growth. The bank raised Alphabet's 2025 and 2026 earnings per share forecasts by about 3%, raised its target price from US $187 to US $192, and maintained a \"neutral\" rating.</p><p><div></div><div><div><img src=\"\"/></div><div>Massive information and accurate interpretation, all in Sina Finance APP</div></div></div></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/stock/bxjj/2024-11-01/doc-incupzme1990211.shtml\">港股那点事</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.sina.com.cn/stock/bxjj/2024-11-01/doc-incupzme1990211.shtml","article_id":"2480071526","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480071526","pubTimestamp":1730451300,"sourceInfo":{"source_id":"sina","name":"sina"},"weMediaInfo":null,"summary":"该行将Alphabet的2025及2026年每股盈利预测上调约3%，目标价由187美元上调至192美元，维持“中性”评级。","collect":0,"end_time":0,"defaultTopTitle":"sina.com.cn","property":["rate"],"viewcount":null,"language":"zh","relate_stocks":{},"translate_title":"Big Bank Ratings | UBS: Raised Google's target price to $192 and raised its 2025 and 26 earnings per share forecast","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GOOG":1,"GOOGL":1},"content_text":"格隆汇11月1日｜瑞银发表报告指出，Alphabet股东从新增资本开支中获得的部分好处，显现在搜寻业务收入的显著增长上，估计Alphabet今年将增加约240亿美元的搜寻业务收入，相比2023年的130亿美元，及2022年的150亿美元，主要受惠于如Performance Max等创新措施所推动。此外，Alphabet于第三季的云业务收入增长亦显著提升，该行料全年云业务收入将增加约100亿美元，相对于2022年及2023年均为约70亿美元，而目前云业务增速已超越YouTube的增速。该行认为，上述因素将有助于Alphabet解决有关资本开支及投资回报率的问题，但公司的监管问题及对最重要业务部门市场份额损失前景的忧虑，或将抑制公司增长。该行将Alphabet的2025及2026年每股盈利预测上调约3%，目标价由187美元上调至192美元，维持“中性”评级。               \n\n\n\n海量资讯、精准解读，尽在新浪财经APP","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480071526"}